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Daniel
Daniel started business in 2005 with hardships due to limited capital, which affected his operations. Due to the challenges he incurred, he decided to join UGAFODE Microfinance Limited - Rukungiri branch for financial assistance, so as to expand his business' daily operations.

The loans he has obtained from the institution over time have enabled him to expand his business and serve more customers in distant areas. Therefore, UGAFODE Microfinance Limited (MDI) has enabled Daniel to expand his business,build his residential house, pay school dues for his children, and support other family members.He will use this particular loan to complete his residential house.

Additional Information

More information about this loan

This loan is part of UGAFODE”s Micro Mortgage Loan program.  Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation.  By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements.  UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.

About Uganda

  • $1,500
    Average annual income
  • 134
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Daniel to complete his residential house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013